SLAM Technology Market Size, Share, Industry Trends, Growth, Development Strategies, Future Plans Analysis by 2027

The global SLAM Technology Market is forecasted to be worth USD 1,829.4 Million by 2027, according to a current analysis by Emergen Research. The global simultaneous localization and mapping (SLAM) technology market is forecasted to grow significantly, owing to UAV applications' rising adoption. The growing prevalence of mapping technology is anticipated to further propel the market growth over the forecasted timeframe. Besides, the rapid adoption of autonomous vehicles worldwide is also expected to augment the market over the forecasted timeline.

The expensive setup cost of this technology and raising issues for security of the system is anticipated to hinder the market growth over the forecasted timeframe.

According to our market analysts, the global SLAM Technology market is expected to exhibit a robust growth rate throughout the forecast period. The promising market growth can be attributed to the significant rise in product demand across the regional markets. The latest study offers a granular analysis of the market’s major developmental parameters, along with its potential business avenues and market dynamics. The document is specially curated to offer a deep understanding of the competitive terrain of the global market. It further highlights the leading market rivals, their market positions, product portfolios, gross revenue shares, profit margins, pricing analysis, sales network & distribution channels, and financial standing.

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The prominent players of the global SLAM Technology market are expected to contribute significantly to the revenue generation owing to increasing demand for the SLAM Technology products in the industry.

Prominent Players Profiled in the SLAM Technology Market:

Apple Inc., Microsoft Corporation, Facebook, Inc., Alphabet Inc., Aethon Inc., Fetch Robotics, Inc., Intel Corporation, Amazon Robotics (Kiva Systems), Skydio, Inc., and Clearpath Robotics, Inc. among others.

Key Highlights From The Report

• The largest market over the forecast timeline is accounted for by the 2D segment due to SLAM technology's wide utilization in industrial robotics.
• Over the forecast timeline, the robotics segment is anticipated to hold the largest market with a CAGR of 38.6% due to SLAM technology's extensive use in many robotics applications for accurate outdoor and indoor location tracking.
• Over the forecasted timeframe, the mining industry is likely to hold the largest market. The factors driving the market growth comprise a notable increase in the substantial level of risk control and risk reduction accomplished by integrating SLAM technologies.
• In the forecast period, North America will lead the market. Higher spending on robotic systems, the rising implementation of Augmented reality, and the presence of significant players in the market are boosting the region's market development.

SLAM Technology Market Segmentation:

Emergen Research has segmented the global SLAM Technology Market on the basis of type, offering, application, end-use, and region:

• Type Outlook (Revenue, USD Million; 2017-2027)
o Graph-Based
o Extended Kalman Filter
o Fast
• Offering Outlook (Revenue, USD Million; 2017-2027)
o 2D
o 3D
• Application Outlook (Revenue, USD Million; 2017-2027)
o UAV
o Autonomous Vehicle
o Robotics
o Augmented Reality
o Virtual Reality
o Others
• End-Use Outlook (Revenue, USD Million; 2017-2027)
o Automotive
o Defense
o Mining
o Manufacturing
o Agriculture
o Logistics
o Forestry
o Commercial
o Household

Key Geographical Segments:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Reasons to Purchase this Report:

• The report performs qualitative and quantitative analyses of the SLAM Technology market based on both the economic and non-economic factors.
• It accurately indicates the regional segments expected to witness the fastest market growth rate.
• The report endows the reader with an in-depth understanding of the competitive landscape of the SLAM Technology market, with the market ranking of the major players and their new product launches, partnerships, and various other business expansion strategies.

Table of Content

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. SLAM Technology Market Segmentation & Impact Analysis
4.1. SLAM Technology Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. The rise in adoption of UAV application
4.2.2.2. Escalating demand for self-locating robotics
4.2.2.3. The rising prevalence of mapping technology
4.2.2.4. The rise in the adoption of automation in various industry
4.2.3. Market restraints analysis
4.2.3.1. Expensive setup cost
4.2.3.2. Safety Issues
4.2.3.3. Technological problems
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

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